Bitcoin

The Top 3 Cryptocurrencies To Buy for Short-term Gains: Uniswap, PancakeSwap, and Pomerdoge

While most investors prefer investing in tokens that could offer long-term profit, others prefer tokens that offer high ROI in the short term. Investing for short-term benefits could be because of fear of the bear market, or it could also be to maximize profits. Based on the crypto market opinion, Uniswap (UNI), PancakeSwap (CAKE), and Pomerdoge (POMD) are some of the tokens worth investing in for quick gains.

Uniswap (UNI) – Facilitating the Trading of Decentralized Tokens

Uniswap (UNI) is a decentralized blockchain exchange that allows the seamless trading of decentralized finance tokens. UNI creates a transparent system so that every token trading can be automated and open for token holders, thereby improving efficiency that is often lacking in centralized exchanges.

According to some experts, Uniswap is an ideal option when an investor is targeting short-term profit. Although the coin’s price has dropped significantly in the last 30 days, the last few days have been impressive. The coin’s price has been experiencing bullish momentum in the last few days.

Here are some of the reasons the coin is worth investing in for short-term gains;

Unlike the earliest decentralized exchanges that weren’t too good with liquidity, Uniswap solves liquidity issues with automated solutions.
Decentralized exchanges are getting a new level of recognition and Uniswap is a leader in the DEX space.

PancakeSwap (CAKE) – Enabling Seamless Swapping of Decentralized Tokens

PancakeSwap (CAKE) is one of the earliest decentralized exchange platforms for decentralized finance. Launched in 2020, it enables users to exchange tokens, provides liquidity, and swap tokens on the Binance Smart Chain.

The crypto market downturn affected the PancakeSwap token, with the token price falling by 18% in the last 30 days. The token has also recorded significant losses in the last few days. However, analysts are optimistic that PancakeSwap will hit the $2 benchmark before the end of September, making it a good addition for any investor who wants a quick profit.

Some of the reasons to invest in the token are;

PancakeSwap allows users to provide liquidity to the pool, thereby earning a sizable amount of income in return.
It has a strong potential for further improvement and expansion, which makes it a leading decentralized exchange.
PancakeSwap also allows staking at a high yield, thereby giving users an extra passive income.

Pomerdoge (POMD) – Combining Memecoin Culture With Virtual Gaming Experience

Apart from Uniswap and PancakeSwap, Pomerdoge is also another token that analysts believe could be suitable for short-term investment. The play-to-earn gaming platform aims to provide an immersive gaming experience for players and let them connect with their peers across the world. Here are a few reasons analysts believe Pomerdoge is a project that is good for short-term investment;

Pomerdoge is targeting the billion-dollar gaming industry, if it even gets 1% market share the price will skyrocket.
The ecosystem consists of gaming platform – Pomergame, a marketplace Pomerplace and an NFT collection.
Pomerdoge is security-guaranteed with its auditing by SolidProof and Cyberscope.

The project is currently selling its native POMD token at a presale value of $0.009. By purchasing this token will allow investors to get some percentage of revenue from Pomergame – the gaming platform of Pomerdoge.

Investors can trade their in-game assets at Pomerplace, which is the Pomerdoge marketplace. There is a collection of 7,777 NFTs which is exclusively reserved for presale buyers of the token. .